Asia stocks rise ahead of US inflation data; yen stumbles
Asian shares inched up on Tuesday in cautious trading ahead of a crucial U.S. inflation report that could heavily influence the Federal Reserve’s policy outlook, while the fragile yen flirted with one-year lows, putting it back in the intervention zone. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.49% higher, while Tokyo’s Nikkei gained … Read more
